
3 Technology Services and Digital Engineering Company, Decorative Paints Maker and Business Travel Platform Stocks With a Strong Future Roadmap: Persistent Systems, Berger Paints India and TBO Tek
Persistent Systems, Berger Paints India and TBO Tek: ROE of 15.8% to 21.0% and FY22 to FY26 revenue CAGR of 8.0% to 51.9%. Prices as of 5 Nov 2026.
Updated: 6 Nov 2026 • 10:36 am
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The three IT services, paint and travel platform stocks to watch are Persistent Systems, Berger Paints India and TBO Tek. Their return on equity ranges from 15.8% to 21.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.0% to 51.9%. Persistent Systems has the highest return on equity at 21.0%, while TBO Tek has the fastest revenue growth at 51.9% a year. Prices are based on the 5 November 2026 close, and this article is educational, not investment advice.
IT services, paint and travel platform stocks bring together companies with a visible plan for the years ahead. Persistent Systems, Berger Paints India and TBO Tek cover a technology services company, a decorative paints maker and a business travel platform.
This list covers three IT services, paint and travel platform stocks with complete current figures: Persistent Systems, Berger Paints India and TBO Tek. Every figure comes from the latest reported financials and the 5 November 2026 market close. Companies without complete current figures were left out.
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What Are IT Services, Paint and Travel Platform Stocks?
IT services, paint and travel platform stocks are listed companies that provide technology services and digital engineering, sell decorative, industrial and protective paints, and run a global business-to-business travel booking platform. Their earnings depend on client technology budgets, housing and repair activity and travel bookings.
IT Services, Paint and Travel Platform Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Persistent Systems | 6,109.5 | 90,857 | 50.4 | 17.9 | 21.0 | 0.07 |
| Berger Paints India | 505 | 54,785 | 45.0 | 42.6 | 16.3 | 0.09 |
| TBO Tek | 1,576.5 | 17,527 | 66.2 | 121.2 | 15.8 | 0.49 |
On valuation, TBO Tek trades at a P/E below the industry P/E, while Persistent Systems and Berger Paints India trade above it, which reflects the growth the market already expects. Readers comparing IT services, paint and travel platform stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do IT Services, Paint and Travel Platform Stocks Have a Strong Roadmap in India?
IT services, paint and travel platform stocks have a strong roadmap in India because rising client technology spending, steady home upgrades and growing travel bookings keep widening the market for these companies.
- Technology services. Global clients modernise systems.
- Paints. New homes and repainting need coatings.
- Travel platform. Agents book more trips through platforms.
Why Persistent Systems Features Among These IT Services, Paint and Travel Platform Stocks
Among the IT services, paint and travel platform stocks on this list, Persistent Systems is a Pune-based technology services and digital engineering company that builds software products and platforms for clients in banking, healthcare, software and hi-tech industries worldwide.
The company has a return on equity of 21.0%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 90,857 crore. The stock trades at a P/E of 50.4, above the industry P/E of 17.9.
Revenue rose from Rs 5,855 crore in FY22 to Rs 14,929 crore in FY26, a compound annual growth rate of 26.4%. Net profit grew from Rs 690 crore in FY22 to Rs 1,865 crore in FY26, which works out to a compound annual growth rate of 28.2%.
Roadmap: The company is deepening its work in cloud, data and artificial intelligence, where enterprises are raising spending. A strong base of long-term clients helps it win larger engineering programmes.
What to watch: Track large deal wins, client additions and the share of artificial intelligence work in revenue.
Why Berger Paints India Features Among These IT Services, Paint and Travel Platform Stocks
Among the technology, home and travel shares on this list, Berger Paints India is a leading paint maker with decorative, industrial and protective coatings, selling through a wide dealer network across India and in select overseas markets.
Revenue rose from Rs 8,826 crore in FY22 to Rs 11,987 crore in FY26, a compound annual growth rate of 8.0%. Net profit grew from Rs 833 crore in FY22 to Rs 1,128 crore in FY26, which works out to a compound annual growth rate of 7.9%.
In the June 2026 quarter, revenue grew 12.2% year on year to Rs 3,623 crore, while net profit rose 28.6% to Rs 405 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 54,785 crore. The stock trades at a P/E of 45.0, above the industry P/E of 42.6.
Roadmap: The company is expanding capacity and its dealer reach while adding home improvement and waterproofing products. Housing demand and repainting cycles support steady volumes.
What to watch: Track volume growth, new capacity and input costs.
Why TBO Tek Features Among These IT Services, Paint and Travel Platform Stocks
Among the three companies on this list, TBO Tek runs a global business-to-business travel platform that connects suppliers such as hotels, airlines and activity providers with travel agents and corporate buyers across more than 100 countries.
Revenue rose from Rs 512 crore in FY22 to Rs 2,729 crore in FY26, a compound annual growth rate of 51.9%. Net profit grew from Rs 33.7 crore in FY22 to Rs 244 crore in FY26, which works out to a compound annual growth rate of 64.1%.
The company has a return on equity of 15.8%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 17,527 crore. The stock trades at a P/E of 66.2, below the industry P/E of 121.2.
Roadmap: The company benefits from the move of travel booking to digital platforms and from rising outbound and inbound travel demand. Its network of suppliers and buyers makes the platform more useful as more partners join.
What to watch: Monitor transaction volumes on the platform and the growth of its hotel and international markets.
Persistent Systems vs Berger Paints India vs TBO Tek on Key Financials
The table below sets the three IT services, paint and travel platform stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Persistent Systems | 5,855 | 14,929 | 26.4% | 1,865 | 12.5% |
| Berger Paints India | 8,826 | 11,987 | 8.0% | 1,128 | 9.4% |
| TBO Tek | 512 | 2,729 | 51.9% | 244 | 9.0% |
Persistent Systems posts the highest return on equity in this group at 21.0%. Persistent Systems has the largest FY26 revenue at Rs 14,929 crore, and TBO Tek shows the fastest revenue growth with a 51.9% compound annual rate. A useful habit with IT services, paint and travel platform stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in IT Services, Paint and Travel Platform Stocks
Every theme carries risks that deserve a check before any decision. For these IT services, paint and travel platform stocks, the main points are: Long-term technology, home and travel shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Client spending. Technology budgets can vary with global conditions.
- Housing cycles. Real estate and building demand can vary with rates and sentiment.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter IT services, paint and travel platform stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on IT Services, Paint and Travel Platform Stocks
IT services, paint and travel platform stocks suit investors who prefer to study business strength before price moves. Persistent Systems, Berger Paints India and TBO Tek each have a clear plan to grow. Based on the 5 November 2026 close, Persistent Systems trades at Rs 6,109.5, Berger Paints India at Rs 505 and TBO Tek at Rs 1,576.5.
Download the Univest iOS App or Univest Android App to track IT services, paint and travel platform stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are IT services, paint and travel platform stocks?
Ans. IT services, paint and travel platform stocks are listed companies that provide technology services and digital engineering, sell decorative, industrial and protective paints, and run a global business-to-business travel booking platform. Their earnings depend on client technology budgets, housing and repair activity and travel bookings. This list looks at three of them, Persistent Systems, Berger Paints India and TBO Tek, using reported FY22 to FY26 financials and the 5 November 2026 closing prices.
Which IT services, paint and travel platform stocks are covered in this list?
Ans. This list covers Persistent Systems, Berger Paints India and TBO Tek. Based on the 5 November 2026 close, Persistent Systems traded at Rs 6,109.5, Berger Paints India at Rs 505 and TBO Tek at Rs 1,576.5. Their return on equity ranges from 15.8% to 21.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.0% to 51.9%.
Why do IT services, paint and travel platform stocks have a strong future roadmap in India?
Ans. IT services, paint and travel platform stocks have a strong roadmap in India because rising client technology spending, steady home upgrades and growing travel bookings keep widening the market for these companies. The main drivers are as follows. Technology services. Global clients modernise systems. Paints. New homes and repainting need coatings. Travel platform. Agents book more trips through platforms. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Persistent Systems performed financially?
Ans. Revenue rose from Rs 5,855 crore in FY22 to Rs 14,929 crore in FY26, a compound annual growth rate of 26.4%. Net profit grew from Rs 690 crore in FY22 to Rs 1,865 crore in FY26, which works out to a compound annual growth rate of 28.2%. The company has a return on equity of 21.0%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 90,857 crore. The stock trades at a P/E of 50.4, above the industry P/E of 17.9. Looking ahead, the company is deepening its work in cloud, data and artificial intelligence, where enterprises are raising spending. A strong base of long-term clients helps it win larger engineering programmes.
How has Berger Paints India performed financially?
Ans. Revenue rose from Rs 8,826 crore in FY22 to Rs 11,987 crore in FY26, a compound annual growth rate of 8.0%. Net profit grew from Rs 833 crore in FY22 to Rs 1,128 crore in FY26, which works out to a compound annual growth rate of 7.9%. In the June 2026 quarter, revenue grew 12.2% year on year to Rs 3,623 crore, while net profit rose 28.6% to Rs 405 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 54,785 crore. The stock trades at a P/E of 45.0, above the industry P/E of 42.6. Looking ahead, the company is expanding capacity and its dealer reach while adding home improvement and waterproofing products. Housing demand and repainting cycles support steady volumes.
How has TBO Tek performed financially?
Ans. Revenue rose from Rs 512 crore in FY22 to Rs 2,729 crore in FY26, a compound annual growth rate of 51.9%. Net profit grew from Rs 33.7 crore in FY22 to Rs 244 crore in FY26, which works out to a compound annual growth rate of 64.1%. The company has a return on equity of 15.8%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 17,527 crore. The stock trades at a P/E of 66.2, below the industry P/E of 121.2. Looking ahead, the company benefits from the move of travel booking to digital platforms and from rising outbound and inbound travel demand. Its network of suppliers and buyers makes the platform more useful as more partners join.
What risks should investors check before buying IT services, paint and travel platform stocks?
Ans. Investors should check a few risks before buying IT services, paint and travel platform stocks. Client spending. Technology budgets can vary with global conditions. Housing cycles. Real estate and building demand can vary with rates and sentiment. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of IT services, paint and travel platform stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 5 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.
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